LONDON (ShareCast) - (Sharecast News) - Clean Power Hydrogen announced the appointment of Richard Scott as its chief commercial officer on Tuesday, effective 1 July, as it moved into the next phase of its commercial strategy.
The AIM-traded firm said Scott would bring more than 30 years of experience in the energy sector, with a particular focus on green fuels and commercial project development.

He most recently served as executive vice-president at Acme Group India, where he led development of its green hydrogen-based fuel business.

Prior to that, he held senior commercial roles at World Kinect Corporation, Siemens, E.ON, and Applied Energy.

CPH2 said Scott had also contributed to various industry advisory bodies, including the UK Business Council for Sustainable Development and the Energy Management Association.

In the new role, Scott would be responsible for advancing CPH2's commercial activities, including activating licensees, expanding the contracted order book, and refining the company's commercial pipeline.

His appointment was aligned with CPH2's long-term strategy to scale its membrane-free electrolyser technology to a production target of 4GW per year by 2030, comprising 1GW in-house and 3GW under licence.

"We are delighted to welcome Richard to CPH2 as our first chief commercial officer - his appointment comes at a pivotal moment as we transition into this next stage of commercialisation," said chief executive officer Jon Duffy.

"Richard's experience in scaling energy projects will be instrumental in driving forward our route to market - delivering on our existing order book, generating our first revenues, and activating our global licensees.

"With our differentiated technology proven at scale, Richard's leadership will play a critical role in helping CPH2 unlock its full commercial potential and deliver value for our shareholders."

At 0854 BST, shares in Clean Power Hydrogen were down 4.35% at 5.5p.

Reporting by Josh White for Sharecast.com.

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